Staff Writer
Savanna Beef Processors has reminded shareholders and livestock producers that the booking window for slaughter slots for the third quarter, covering September to November 2026, is entering its final month.
The company said the deadline for all Q3 slaughter bookings is 31 August, urging shareholders and slaughter right holders to secure their preferred slaughter dates as early as possible to support operational planning and scheduling.
Savanna Beef called on shareholders who intend to use their slaughter rights during the September to November period to make their bookings before the deadline.
The company also requested that shareholders who do not plan to use their slaughter rights during the quarter notify the company accordingly.
In addition, Savanna Beef encouraged producers with cattle available beyond their allocated slaughter rights to offer those animals for delivery.
The company said it also welcomes cattle from producers who do not hold slaughter rights, adding that it has sufficient slaughter capacity to accommodate deliveries from shareholders, slaughter right holders and non-shareholders.
Savanna Beef said continued livestock supply from producers remains essential to supporting the company’s operations and future growth.
Savanna Beef reported a group loss of N$25.9 million for the financial year ended 28 February 2026, as the company continued with the commissioning and ramp-up of its newly completed abattoir and meat processing facility.
According to the company’s audited financial results released on the Namibia Securities Exchange (NSX), the group recorded an operating loss of N$30.9 million compared to an operating loss of N$13.2 million in the previous financial year.
The group’s loss before taxation widened to N$42.1 million from a loss of N$1.2 million recorded in the prior year. A taxation benefit of N$16.2 million reduced the final loss for
the period to N$25.9 million, compared with a loss of N$1.2 million in 2025.
Headline earnings per share declined to a loss of 10.14 cents, from a loss of 0.50 cents in the previous year.
During the financial year, the subsidiary continued to ramp up operations, slaughtering 1 764 livestock units (LSUs) and employing 130 people by year-end. However, products
were sold exclusively on the local market while the company awaited export accreditation.
